House of the Day: 123 Gates Avenue

Though in better shape than 102 Gates Avenue, this estate sale across the street at 123 Gates Avenue still needs some work. This Clinton Hill pad has some original details you might expect–like fireplaces and wood moldings–along with some you might not–like a center staircase and a dumbwaiter. Asking price: $1,749,000.123 Gates Avenue [Location and Space] GMAPP*Shark

It will probably appeal to someone.
The redesign from the twenties or thirties is a little clunky and it resulted in the loss of the stoop and original entrance. The facade and front yard look like they need a good deal of work.

$1.75M is a bit rich. this looks like a $1.3M to me. the brokers in CH/FG are REALLY milking supply and demand here. It will backfire on them very soon though… house prices cannot appreciate $500k, (or 33%) in 6 months and expect to stick. Sure a few rich fools will go for it but its just not sustainable. Clean up the neighborhood, put in some actually good schools that are not in bed stuy, open less nail salons and more decent shops and restaurants and maybe then it might be worth it. I shouldn’t be afraid of getting mugged on my block when the sun goes down for $1.anything million.

Thank you DH! Sandra does not sound like she knows our neighborhood so well. But I do agree that its a pretty high ask for an unrenovated place. That being said I really dig it. It will look amazing when renovated.

ha yeah. I have lived here for five years. at gates and cambridge. seen people get mugged robbed car broken into and harrassed in the last year alone. including myself. maybe if you look like a dirty hipster no one wants to mug you. me I prefer to look clean. so do most people who can afford $1M, I would think.